Dollar Heads for Biggest Monthly Advance Against Yen Since 2009

(Bloomberg) The dollar was on pace for its best month against the yen since 2009 as signs of U.S. economic strength spurred bets that monetary tightening will accelerate.

The greenback has risen more than 7 percent in November amid speculation U.S. President-elect Donald Trump will pursue reflationary policies, as futures signal growing bets that the Federal Reserve will follow an interest-rate increase in December with additional hikes next year.

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